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'Central Bank Comes to You…' Open Day Programme conducted by the Central Bank of Sri Lanka

The Central Bank of Sri Lanka (CBSL) will conduct its first Open Day Programme “Central Bank Comes to You…” at the CBSL Regional Office Matale, at No. 805, Trincomalee Street, Mandandawala, Matale on Friday 5th and Saturday 6th May 2017 from 9.00 a.m. to 8.00 p.m.

The purpose of the programme is to enable the General Public to access services provided by the CBSL, such as services relating to EPF , exchange of damaged currency notes and issue of coins, currency museum, sale of CBSL publications, SMI loan schemes etc. and to interact with the Governor and senior management of the CBSL.

Sessions will be held on issues concerning exchange control regulations, pyramid schemes, unauthorized financial businesses, microfinance companies etc.

The services of the Credit Information Bureau (CRIB) and Credit Counseling Centre will be available. There will be stalls by licensed banks and SMI entrepreneurs assisted by the CBSL Regional Office Matale will market their products.

IMF Reaches Staff-Level Agreement on the Second Review of Sri Lanka’s Extended Fund Facility

The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the findings so far, staff will prepare a report that, subject to management approval, will be presented to the IMF's Executive Board for discussion and decision.

  • The staff-level agreement is subject to the completion of a prior action by the authorities and the approval of the IMF Executive Board, which is expected to be considered in June 2017.
  • The new Inland Revenue Act should pave the way for a durable fiscal consolidation.
  • Maintaining the reform momentum in an uncertain external environment is important for addressing fiscal and external vulnerabilities.

After constructive discussions with the authorities during the visit to Colombo in March, and more recently during the Spring Meetings, an IMF staff team issued the following statement in Washington DC:

Transparency in Government Securities Market Further Improves

The Central Bank on 26.04.2017 mandated the primary dealers and licensed banks to use the Bloomberg electronic bond trading platform to trade repurchase transactions (repos) in government securities. Accordingly, they are required to:

The Annual Report of the Central Bank of Sri Lanka for the Year 2016

In terms of Section 35 of the Monetary Law Act No. 58 of 1949, the sixty seventh Annual Report of the Monetary Board of the Central Bank of Sri Lanka was presented to Hon. Ravi Karunanayake, the Minister of Finance, by Dr. Indrajit Coomaraswamy, the Governor of the Central Bank of Sri Lanka.

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